Pennsylvania Bond Offering Sparks Stock Advance
The week in Wall Street centers on the success of a $40.6 million Pennsylvania bond issue and a $25 million Interborough Rapid Transit note sale. Subscriptions signal restored confidence for long term securities, while railroads plan work funding and industry braces for a cautious rebound amid weak steel demand and rising idle freight cars.
MENTIONED IN THIS ARTICLE
Pennsylvania
Interborough Rapid Transit
American Railway Association
New York Central
Atchison
United States Steel Corporation
Tennessee Coal, Iron & Railroad
Steel Corporation
Wall Street
Srare Ae
New Yorks
Secretary of the Treasury
Weekly Bond Table Shows Wide Range of Government Notes
A highly fragmented May bond listing summarizes prices and yields across numerous U S and state issues. The long column traces bids for bonds and warrants, with many entries showing percentages, par values, and issuing bodies among banks and rail lines traded in the market.
Railroad Stocks Surge Amid Mixed Weekly Prices
A dense table shows weekly stock movements with highest, lowest, and final prices for many issues. Key names include Am Cotton, Am Locomotive, Am Sugar, Am Telegrph, Union Pacific, Chicago & North Western, Colorado Fuel, and New Jersey Bell among others. The report tracks weekly net changes, annual highs and lows, and notes varied performance across rail and industrial issues.
Pennsylvania Railroad dividend declaration May 1908
The Board of Directors declared a dividend of two dollars and fifty cents per share on common stock payable June 1 to holders of record at close of business May 3 1908. Checks mailed to stockholders who filed dividend orders. records at office of the company.
MENTIONED IN THIS ARTICLE
Pennsylvania Failroad Ompane Philadelphis
Capitol
Thia
Tatsall
Lé Ill Broadwe
Board of Directors
Public Service District authorizes bonds for New Surzaae Heat and Power
Albany May 1 The Public Service District authorized New Surzaae Heat and Power Company to issue bonds of 4 thousand dollars each totaling 330 000 bearing interest and payable in ten years from date to be sold at a premium. Proceeds to fund lawful obligations and improvements to the electric network and extensions. The estimate favors issuing only a portion of the planned debt for the time being.
MENTIONED IN THIS ARTICLE
Albany
Public Service District
New
Surzaae Heat and Power Company
Sun of Sobo
SOE
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INE ST
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the Tribune
ANK Exchad
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Ocek P. m
the Financial Markets
Cuba
Adams
Aim Ice
Boon Rice Sa
Boon Rice sa | ‘we 10,000 BETA 10 | + 9 78% + s 100 & 000 Bk Un Gas
Vst Inc
Stpd Bane
2D Inc
Ch & Erie
Ak Do Gen Stes BK
CRI & P
C Ft S&m
Kan
Hook
Lacka Steel
Eley
L&w
Nor Pac
AMOR
W & Tg
SOO Stlim&sgen
Doe
Ao Riv & G
Terrene
Es Sa
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M&o
Tere
Ae Aresid
Ay Steel Foundry
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Opper
Ahemi
Am Express
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Coe
Sey
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Iing
Tas
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PE Wreu
Hele Ees
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Oc Asia
Eek
Erle & Western
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Lew
Mey
A. Ty
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Izz
Wes
A. Io
Wwe
Anatatior
Pere
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Tata
Obusy
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Ifle Ak
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Loe